IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT - To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.
|Statement Savings Account||Kids Club Account||Christmas Club Account|
|Minimum Balance to Open the Account||$50.00||$5.00||$10.00|
|Minimum Balance to Obtain the Annual Percentage Yield Disclosed||$50.00||$0.01||$0.01|
|Minimum Balance to Avoid Imposition of Fees||A monthly fee of $3.00 will be imposed every statement cycle if the balance in the account falls below $50.00 any day of the statement cycle.||N/A||N/A|
|Transaction Limitations||Transfers from Statement Savings account to another account or to third parties by preauthorized, automatic, telephone, or computer transfer are limited to six per monthly statement cycle.||Transfers from Statement Savings account to another account or to third parties by preauthorized, automatic, telephone, or computer transfer are limited to six per monthly statement cycle.||No withdrawals allowed on account. Deposits are required to be made in person or ACH. Regularly scheduled deposits are required to be made via ACH (Automatic Deposit). Distributions will be made via transfer to WCF Deposit account at the end of the club period.|
|ATM Card Eligible|
|Free Online Banking and Mobility|